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From: Elissa Rogers [elissa @bladc.org] <br /> Sent: Friday,March 06,2009 2:23 PM <br /> To: tim.houle @co.crow-wing.mn.us; 'Jeremy Vacinek'; Sandy Peine; 'Cindy Nelson'; <br /> 'Janie Weston' <br /> Subject: Neighborhood Stabilization Program Update <br /> Attachments: MHF Grant Denial Letter.pdf <br /> Dear Community Leaders, <br /> Attached you will find the denial letter from Minnesota Housing Finance (MHF) regarding <br /> the City of Brainerd❑s request for Neighborhood Stabilization Program funds for Crow <br /> Wing County (CWC) communities. BLADC contacted MHF to determine why the <br /> application was denied and to obtain feedback for future direction. The application <br /> scored well but the process was very competitive with $18+ million in requests and only <br /> $6 million to expend. The following was shared about the application: <br /> • It required targeted areas to be extremely focused, <br /> • Evidence of greatest need and impact, and <br /> • A larger amount of committed funds to leverage the NSP program. <br /> BLADC found the housing application process to be challenging due to minimal <br /> experience with housing programs, terms, and the overall intricacies. We recommend <br /> that full time Housing and Redevelopment Authority staff consider pursuing future <br /> housing grant programs for CWC communities. <br /> Thank you for your support while we explored this process. <br /> Sincerely, <br /> Sheila and Elissa <br /> Elissa Rogers <br /> Economic Development Specialist <br /> Brainerd Lakes Area Development Corporation <br /> 124 North 6th Street <br /> Brainerd,MN 56401 <br /> (218)828-0096 <br /> elissa @bladc.org <br />